Where Assam is heading to
after the fall of 2017? No doubt under the all chaos of environmental changes,
demonetization aftermath effect and illegal immigration issues the Assam's
economy has witnessed brighter changes. Crucial economic backbone of the state
the tea providers have witnessed a sign of relief from account of 2017-18 FY
report with 676.31 million Kg productivity.
Fuel or Energy productivity
of the state has witnessed dramatic changes in various sectors like Oil, Coal
and Gas. Two new remarkable initiatives by ONGC in the year beginning on March
2017 has garnered 10 million metric tonnes (MMT) of oil output additionally with
position of two wells at Dayalpur and Sufayam.
2017 Annual report from
April-December reflects appreciable uplift in natural gas, coal and crude oil
productivities. On to which output quality assurance the government's Ministry
of New and Renewable Energy (MNRE) is determined to improve further its
productivity. Within 2021-22 time frame with 688 MW generation of Renewable
Energy, where 663 MW energy production is proposed to be nailed from solar
power source and 25 MW from macro hydro power projects implementation according
to MNRE.
Agri sector of Assam has
always remained strong and its future appears more promising now with US$ 200
million loan sanction from the World Bank in October 2017 to boost up farmers.
NEIC Analytic - Sumi
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